St. Joseph Hospital signs letter of intent with potential buyer

St. Joseph Hospital has signed a Letter of Intent to sell the hospital to Triad Hospitals, Inc., in partnership with physicians on the hospital’s medical staff.

Triad Hospitals, Inc., (www.triadhospitals.com) owns and manages hospitals and ambulatory surgery centers in small cities and selected larger urban markets. Triad currently operates 51 hospitals and 12 ambulatory surgery centers in 16 states with approximately 9,400 beds. In addition, it provides consulting, education, resources and management services to hospitals and health systems throughout the United States.

“I am pleased to announce the signing of the Letter of Intent with Triad Hospitals, Inc.,” said Elaine Comeau, MS, RN, CHE, Interim President and CEO, St. Joseph Hospital. “Triad Hospitals, Inc. is a well-known and well-respected healthcare company with a strong commitment to providing quality healthcare to the communities they serve while forming strong partnerships with physicians and employees. We believe Triad will be a good fit for St. Joseph Hospital and the Augusta community.”

Founded in 1952, St. Joseph Hospital (www.stjosephhospital.org) is dedicated to extending the work of Christ through healthcare services. St. Joseph Hospital is a non-profit, 231-bed Catholic hospital, offering primary and secondary care to the citizens of the Central Savannah River Area (CSRA). The hospital has a medical staff of approximately 248 physicians and more than 700 full and part time associates.

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